LAS VEGAS, March 2, 2026 /PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”), a Bitcoin and Ethereum network company focused on long-term crypto accumulation, today reported combined crypto, cash and “moonshot” holdings totaling $9.9 billion.
As of March 1, 2026 at 2:00pm ET, Bitmine’s crypto and related holdings include 4,473,587 ETH (valued at $1,976 per ETH), 195 BTC, a $200 million equity stake in Beast Industries, a $14 million stake in Eightco Holdings (ORBS), and total cash of $868 million. Bitmine’s ETH position represents 3.71% of the circulating ETH supply (120.7 million ETH), and the Company says it is over 74% of the way toward its “Alchemy of 5%” target reached in eight months.
Bitmine has 3,040,483 ETH currently staked (approximately $6.0 billion at $1,976 per ETH). Chairman Thomas “Tom” Lee said the Company acquired 50,928 ETH in the past week and continues to view recent market pullbacks as attractive buying opportunities given Ethereum’s utility. Lee noted Bitmine’s continued focus on optimizing yield from its ETH treasury.
At present, Bitmine’s staking activity has produced a 7-day yield of 2.86% (annualized), compared with a Composite Ethereum Staking Rate (CESR) of 2.83% (per Quatrefoil). Bitmine estimates annualized staking revenues of $172 million today; at scale, when Bitmine’s ETH is fully staked via its MAVAN staking solution and partners, estimated annual staking rewards rise to $253 million using a 2.86% yield assumption. Bitmine is advancing MAVAN (Made-in-America VAlidator Network), a dedicated staking infrastructure planned for deployment in early 2026 and currently working with three staking providers.
Bitmine ranks as the world’s largest ETH treasury and the #2 global crypto treasury overall, behind Strategy Inc. (MSTR), which holds 717,722 BTC valued at roughly $47 billion. The Company highlights strong market liquidity for BMNR shares: Bitmine is among the most actively traded US stocks, with a 5-day average daily dollar volume of $0.8 billion (ranked #145 among U.S.-listed names as of February 27, 2026).
Bitmine’s shareholder and institutional supporter base includes ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and investor Thomas “Tom” Lee. The Company cites ongoing regulatory and macro developments as factors in markets but says it remains committed to its ETH accumulation and staking strategy.
Additional information, the Chairman’s message, and FY2025 investor materials are available on Bitmine’s investor relations site. Forward-looking statements in this release are subject to risks and uncertainties as described in the Company’s SEC filings.
